Admission of new partner in firm
Himanshu
(Querist) 08 October 2009
This query is : Resolved
For admission of new partner in partnership firm what document we should execute, agreement with new partner for admission of new partner or fresh partnership deed. Please advice
A V Vishal
(Expert) 08 October 2009
You need to execute a fresh partnership deed admitting the new partner with the new profit/loss sharing ratios and also file a Form V with the registrar of firms.
Sachin Bhatia
(Expert) 08 October 2009
Execute a new partnership deed mentioning the new partner in it.
n.k.sarin
(Expert) 08 October 2009
agreed with Mr. vishal
sanjeev murthy desai
(Expert) 09 October 2009
I agree with the Mr. A. V. Vishal,
This procedure and fresh deed called as "Reconstitute of Partnership Deed"